$385,000
For Sale

1048 Lafond Avenue

Saint Paul, MN 55104
Listing OfficeKeller Williams Integrity Realty
Browse 49 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

This 1940s triplex offers a great investment opportunity or the perfect owner-occupied home with rental income. Situated on a double lot, this property has 5 beds, 3 baths, 2 car detached garage and 1 car attached garage. Several major updates have been completed over the past 2 years. New roof (2023), new plumbing in all units (2024), new deck (2024), fully renovated lower unit (2024) and a newer boiler. The lower level is a 1-bed/1-bath unit and is currently vacant. The 1st floor is a 2-bed/1-bath unit occupied by a long-term Section 8 tenant, paying $1,500 per month with a lease through October 2025. The upper unit is a 2-bed/1-bath and rents for $1,100 per month with a lease through March 2025. Don't miss this rare opportunity to own a triplex with stable cash flow and recent updates—ideal for both investors and owner-occupants looking to offset their mortgage with rental income.

  • Interior Details
      • HeatingForced Air
  • Property Details
      • Square Feet3029
    • Parking
      • Parking FeaturesAttached Garage, Detached
      • Parking TypeGarage
      • Parking Spaces3
  • Construction Details
      • Basement DescriptionFinished, Full, Walkout
      • Property TypeMulti-Family
      • Basement1
      • Basement Finished1
    • Condition
      • Year Built1948
    • Material information
      • RoofAge 8 Years or Less
  • Utilities / Energy Details
      • Sewer InformationCity Sewer/Connected
      • Utility SourceCity Water/Connected
  • Community and Neighborhood Details
      • SubdivisionJohn A Cokes Add To, St
    • Location
      • School DistrictSt. Paul
      • CountyRamsey
  • Financial Details
      • Taxes Annual$5,160
      • Days on Market (Cumulative)1
  • Other
      • MLS #6633562

Location

Deb RungeReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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